London, United Kingdom
CO2e.com LLC (CO2e), a leading climate change specialist and Cantor Environmental Brokerage, one of the longest serving emissions brokerages in the world, announced today that they are joining forces to create CantorCO2e.
CantorCO2e has been formed as a leading global provider of financial services to the world's environmental and energy markets, offering finance, consultancy, technology and transaction services to clients engaged in using energy and managing emissions across the world.
The two businesses have come together to meet the challenge and opportunity of increasing integration in the world's environmental and energy markets. Global clients in the fast growing carbon trading and biofuels markets which CantorCO2e will service, are demanding a seamless approach from brokerages.
Cantor Environmental Brokerage, established by Carlton Bartels in 1992, was one of the first emissions brokerages in the world to create liquidity in the fledgling environmental markets in the USA - the world's first environmental markets. (Carlton was a visionary in environmental issues who was sadly killed in 2001.) Josh Margolis joined Carlton in 1995 and has been running Cantor Environmental Brokerage's North American operations since then.
CO2e.com was formed in 2000 by Carlton and Steve Drummond to address the prospect of global greenhouse gas emissions trading created by the signature of the Kyoto Protocol in 1997. CO2e.com rapidly formed a strong reputation world-wide as a leading broker and adviser in greenhouse gas emissions trading. In 2002, CO2e.com LLC joined with Mitsui & Co. to expand its services in Asia and the business continues to grow, the latest addition being the opening of three offices in India in late 2006.
The joining of two experienced teams means that CantorCO2e starts with an enviable pedigree. The combined business has been a leader in environmental markets for the last fifteen years and to date, has facilitated transactions valued at more than $10 billion. CantorCO2e has fourteen offices on five continents and will be jointly led by Steve Drummond (in London) and Josh Margolis (in San Francisco).
Steve Drummond, Managing Director of CantorCO2e said, "The launch of CantorCO2e reflects the increasing importance of the environment as central to the allocation of capital and resources globally. We are delighted to be able to bring our clients around the world better access to the US markets and to bring new energy to the marketplace."
Josh Margolis, Managing Director of CantorCO2e added, "We will be able to bring our legacy and broad experience of the US markets to our global team as we look to develop new opportunities. Whether building a carbon portfolio or reducing your carbon footprint, business will be able to benefit from CantorCO2e's global yet local expertise."
About CantorCO2e
CantorCO2e is a leading global provider of financial services to the world's environmental and energy markets, offering finance, consultancy, advice, technology and transaction services to clients engaged in using energy and managing emissions across the world. We are headquartered in London and San Francisco and have fourteen offices across five continents. This global yet local presence across the world, together with the unique experience of our staff, enables us to provide a level of service that few can match.
CantorCO2e helps people and corporations across the world to manage the financial aspects of their energy and environmental choices. In North America and Europe, this means providing brokerage services to the energy and environmental commodity markets. Elsewhere, this means bringing expertise, finance and technology to projects that reduce emissions.
CantorCO2e serves all of the world's principal emissions markets, including the Kyoto markets (CDM, JI and European emissions trading), the US compliance markets, and the voluntary carbon market. We help entities transact via electronic trading screens, recorded telephone lines, auctions and negotiated contracts. As well as emissions, we broker traditional energy products, and 'new' energy, such as renewable energy, ethanol and biodiesel. We advise equity investment funds on carbon finance, introduce investors to projects, and structure forward sales to enable project developers to fund their investments. We help 'clean-tech' technology developers to manage their intellectual property, to develop their licensing strategies, and to roll out their technologies through our global network.
CantorCO2e offers an integrated suite of services to bring environmental commodities to market and to help our clients manage their energy and environmental risks world-wide.
For more information please visit www.cantorco2e.com.
CONTACT: CantorCO2e UK: Timo Kindred +44 778 998 2922 tkindred@cantorco2e.com or Michael Turner +44 (0) 20 7554 1458 mturner@gavinanderson.co.uk or US: Kelly Smith +1 212 515 1968 ksmith@gavinanderson.com
Source: Business Wire (Business Wire India)